Unraveling the role of business associations in Chinese businesses

The study determines the role of associations in the ethical value formation of Chinese businesses. It also examines the application of these ethical values in business practices, and helps give a better understanding of how Chinese people perceive their own practices. The study aims to clarify some...

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Bibliographic Details
Main Authors: Chiu, Jillian Alison, De Guzman, Bien Ronald, Julio, Valerie Anne, Tin, Stephen Jasper
Format: text
Language:English
Published: Animo Repository 2011
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/14721
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Institution: De La Salle University
Language: English
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Summary:The study determines the role of associations in the ethical value formation of Chinese businesses. It also examines the application of these ethical values in business practices, and helps give a better understanding of how Chinese people perceive their own practices. The study aims to clarify some misconceptions about Chinese practices, as the unethical perception of these practices are often present, and unravel some ethical issues of the way they conduct business. The researchers hypothesized that Chinese businesses, have a significant influence on business practices. To test the hypothesis, 266 Chinese businesspersons from two national business associations, the Federation of Filipino-Chinese Chamber of Commerce and Industry, Inc. (FFCCCII) and the Chinese Filipino Business Club, Inc. (CFBCI) answered a series of questions related to their ethical business practices. Results showed that associations play a significant role in the ethical values of Chinese business practices. It also showed that the Chinese people consider their practices ethical, based on their beliefs in the Confusion teachings. These include the principle of guanxi, face protection or reputation, and the group and family orientation. Furthermore, the results showed that these factors significantly describe and explain the Chinese business practices.